Halal Investing Expected to Boom if Combined With ESG Standards
Islamic finance and halal investing have experienced significant growth in recent years, and there is a growing interest in combining these investment …
Finance
Why Should Islamic Finance Incumbents Partner With Islamic Fintech Challengers?
Islamic finance has come a long way over the past few decades, with the industry evolving from niche to mainstream. It is now estimated that the …
What Are the Halal Alternatives to Student Loans?
Financing higher education is a critical concern for many students across the United States and other developed countries, with student loans …
Top 5 Financial Issues Young Muslims Should Focus On
As a young Muslim, it’s important to focus on building a strong financial foundation that will set you up for a bright future. With so many …
Easy to Use, Mobile Payment Apps Are Also Easy to Misuse
Mobile payment apps have become increasingly popular in recent years, offering users the convenience of making transactions with just a few taps on …
Abu Dhabi Islamic Bank Reports 55% Rise in Net Profit For 2022
In 2022, ADIB’s revenues improved by 23 percent to reach Dhs6.8bn, compared to Dhs5.56bn in the previous year, driven by a 43 percent increase …
Islamic Banking Thriving in Bangladesh
Islamic banking has witnessed impressive growth in Bangladesh in recent years amid strong public demand for interest-free financial transactions and a …
Islamic Finance in Nigeria Continues To Flourish
Islamic Finance in Nigeria has emerged as a thriving sector, offering Sharia-compliant banking solutions and investment opportunities to cater to the …
Al Rayan Bank, UK Fined for Anti-Money-Laundering Violations
Al Rayan Bank, the largest Islamic financial institution in the U.K., has been fined £4 million (approximately $4.9 million) by the Financial Conduct …
What Are the Latest Trends in the Islamic Fintech Industry?
Islamic Fintech is a rapidly growing sector of the global financial industry. It covers a broad range of financial services, products, and platforms …
Bank Nizwa Offers Islamic Finance For Various Needs At Competitive Rates
Muscat, Oman – Bank Nizwa, a leading Islamic financial institution in the Sultanate, has unveiled a new financing campaign designed to offer highly …
Sukuk Market Struggles Across Borders as Issuance Disappoints
In 2021, the global Sukuk market demonstrated robust growth, with issuances totaling US$202.1 billion, a 9% increase compared to the previous year. …
What is the State of the Islamic Finance Industry in Japan?
Islamic finance is a financial system that is based on principles of Shariah or Islamic law. It is a rapidly growing industry that is estimated to be …
What Are the Challenges of Using “Buy Now Pay Later” Service?
Buy now pay later (BNPL) is a type of payment option that allows consumers to purchase goods and pay for them at a later date, often with no upfront …
Islamic Coin wins ESG Crypto at The Middle East Blockchain Awards
Islamic Coin plans to offer several services, including a wallet and a super app, and will soon be available on exchanges. Welcome to The Middle East …
How To Fund Our Mosques in Non-Muslim Countries?
Mosques in Japan, the US, France, the UK, and many other non-Muslim countries often face difficulty funding their regular religious activities. …
What is Halal Home Financing? How Does It Work?
Have you ever wondered how Muslims could buy homes if they cannot afford to pay the price by using personal financing? Most Muslims in the West and …
4 Books to Help You Market Halal Products
The Halal industry has become a new economic sector as more companies are offering more inclusive options. There are now 8 million Halal consumers in …
INCEIF Becomes a Premier Educational Institution for Islamic Finance
INCEIF becomes a premier educational institution of Islamic finance globally. The 12th Convocation of INCEIF recently witnessed the graduation of …
Saudi Arabia Hosts Forum on Islamic Banking
Saudi Arabia Cements Leadership in Islamic Banking: First National Forum Explores Industry’s TrajectorySaudi Arabia is firmly establishing …
CIBAFI and AAOIFI Launched an Online Workshop on Ethics
The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Accounting and Auditing Organization for Islamic Financial …
What Is Takaful and How Is It Different From Conventional Insurance?
In recent years, Takaful has gained prominence as an alternative to conventional insurance, particularly in regions with significant Muslim …
How To Buy Your Home In A Shariah-Compliant Way?
“What is an Islamic mortgage?” — it’s a common question that many Muslims ask us. The short answer is that what some call an Islamic mortgage isn’t a …
Islamic Fintech Wahed Hires Industry Veteran to Run UK Operations
Islamic Fintech Wahed Inc has hired a finance industry veteran to run its UK-based operations.
The company appointed Umer Suleman, an ex-HSBC …